At this stage, many investors are probably very bored as the market goes up and down in a small range in a cat-and-mouse style. If you buy, you're afraid the price will drop sharply. If you don't buy, you're afraid of losing the opportunity, and many investors have to struggle. The mindset leads to fatigue and the decision to exit, accept losses and leave the market, just like the scenario sharks and creators like.
In fact, if you have a plan from the beginning, you will have the steadfastness and patience to wait according to the proposed plan. So when the market is in a boring period like this, instead of surfing the market every day, watching the balance, watching missed projects skyrocket, watching other investors upload photos of profits from futures, margin, you should set up a price alert for the price range where you can DCA the best average price and turn off the app to pay less attention to the market. For those of you who have run out of capital all-in, it's best to focus on doing outside work, accumulate more capital and exercise every day to help improve your spirit, health and psychology. I believe that when you have enough capital and a good spirit, you will definitely make much wiser decisions.
Note: This is a personal perspective, not investment advice.
Hopefully $ETH will help altcoins increase in price in the near future 🙏🏼
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Bullish
$ETH today has a trading volume exceeding $BTC and is still waiting for the ETH-ETF transaction, will there be a consolidation between now and the official ETH-ETF transaction? If this happens, it is very possible that #ETH will set a new all-time high.
Note: This is a personal perspective, not investment advice. #EarnFreeCrypto2024 #Write2Earn #hotTrends #TrendingTopic
$BTC Financial investment requires spiritual elements. What do you think about this?
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Bullish
🙏 SPIRITUALITY 🙏
A few days ago I wrote an article about the perspective of $BTC . In the new week, I returned to $70,000 and continued to suck blood from altcoins. Currently, the perspective is going in the right direction, but one thing to note is that the weekly trading volume is gradually decreasing and the price is increasing, so in theory the increase is not sustainable, as most altcoins are still divided by 2 and 3. , in addition to $ETH , there is a significant recovery when there is unofficial news that there is a 75% approval rate for ETH-ETF because political pressure is increasing in the US. So if BTC corrects at the $70,000 price range, it will really be something very sad for altcoins. I hope that sometimes the spiritual factor will appear at the right time, even if it is very small.
Personally, I still believe in the spiritual element in investing, or more accurately, luck in each person's decisions. Even if you have a perfect plan and strategy, you also need a little bit of that spiritual element. is smiling luck.
Note: This is a personal perspective, not investment advice. #Write2Earn #hotTrends #TrendingTopic
A very meaningful story for the current market period 👍 $BTC $ETH $BNB
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🙏 FAITH
Nearly 2 years ago, I thought I would give up the market forever this time, because investing in spot sometimes nearly split 8 times, even though the capital was only 1/3 compared to the huge losses. into futures and margin in the 2017-2021 period, maybe because I put a lot of faith in the decision to only invest in spot when I return to the market, so even though my capital is small, I still feel afraid of losing when it's almost 8 times the number. capital.
The market continues to recover in doubt and mainly recovers, but most of the altcoins I am holding are still divided 1.5-2 times.
I still clearly remember the period nearly 2 years ago when I all-in capital into altcoins and there were times when that capital decreased by up to 80%, then every time #BTC adjusted and recovered, I prayed for my altcoin. If you hold it, you will return to shore and sell it immediately without expecting to make a profit. At that time, I was always steadfast that the market would recover and always blocked kols with a downward market perspective to protect my point of view, but honestly speaking, I was already all-in so I said Defend my opinion, but if I still had capital at that time, I could have held DCA altcoin at a very good price range at that time.
So how did the altcoins I held 2 years ago fare? I frankly share that due to the all-in mentality and the fear of losing too much, I only have the courage to hold and sell out when I get 85% and this is a big lesson for me to learn from experience. capital management and practicing patience and waiting for the DCA price average of the altcoins I am holding in the current season.
Many new investors pay little attention to the fear and greed index, but in fact, if you have experienced market cycles, the fear and greed index is the key to opening up investment opportunities for you. Friend. From now on, monitor the greed and fear index every day. When it reaches the red zone, you can divide your capital to buy potential coins or DCA average price of the coins you currently hold. hold.
Note: This is a personal perspective, not investment advice. #hotTrends #TrendingTopic #altcoin #bitcoin
$BEL a beautiful chart, with breakthrough potential. Especially the DWF Labs shark hand 😍
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Bullish
🙏 DISCOUNT BOX MODEL 🙏
$BEL has spent 2 years accumulating in the discount box, 1M candlestick frame #BEL is tending to break the bottleneck pattern, there may be a breakthrough in the near future.
Note: This is just a personal opinion, not investment advice. #BinanceVietnamSquare #hotTrends #TrendingTopic #Write2Earn
Surely many investors rarely open the top price decrease section but will mainly open the top price increase section, because most people like blue instead of red. But from the perspective of a long-term investor like me, I really hope there will be strong adjustments to be able to average the price (DCA) at better price ranges than at the time of purchase. I have an article about Crypto investment strategy on this blog, everyone can read it and feel that, in financial investments such as stocks or crypto, DCA is very important and will give My psychology is much more comfortable instead of putting all my capital into one order, which will make me think that I am always in a state of losing when I decrease and if I increase slightly I want to take profits immediately.
Note: This is just a personal opinion, not investment advice. #BinanceVietnamSquare #hotTrends #TrendingTopic #Write2Earn
$BTC has had 7 consecutive months of green candles and is also history since Bitcoin was born. Surely now everyone will be thinking whether this is the peak of #BTC or not and whether there will be a correction before the halving in 19 days?
To answer the above question, I personally have a few arguments as follows: I always think that you should never teach rich people how to spend money. Currently, BTC is being used by many large American financial funds, the same way. The world is still actively buying BTC every day and maybe each country's major financial funds will gradually buy BTC in the near future. The reason why is only 2 words: BENEFIT, maybe Economic benefits, political benefits, and anything that still has benefits will persist over time.
Note: This is just a personal opinion, not investment advice. #BinanceVietnamSquare #hotTrends #TrendingTopic #Write2Earn
$REI Lowcap goods before the price was pushed up and the advantage of lowcap goods is that sharks only need to spend a little liquidity to push the green candle up 1000% in less than a month. The downside is that if the shark discharges, the red candle will decrease very quickly. Therefore, all new investors should not invest in tokens that were previously low cap and had their prices skyrocket like #REI .
Note: This is just a personal opinion, not investment advice. #BinanceVietnamSquare #hotTrends #TrendingTopic #Write2Earn
$ETHFI I decided not to participate in this product from the beginning, the only reason was the presence of Justin Sun, the story is that I fell to the top of PRISMA, everyone can search and verify to see how many times and how close it is. Most recently, at the end of January 2024, Sun issued the Cooperative token and has now divided it into 2 and will divide it again because the way to price SUN is very poor and is known as the game-breaking god. The market has no shortage of good projects. If anyone has gone through a few seasons, they will understand for themselves what to avoid to avoid getting stuck in Fomo. Price: #ETHFI
Note: The above is just a personal opinion, not investment advice. #BinanceVietnamSquare #hotTrends #TrendingTopic #Write2Earn
$ORN 1M candlestick frame broke the bottleneck pattern.
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Bullish
🙏 DISCOUNT BOX MODEL 🙏
$ORN is preparing to have a new page when changing the chart name to $LUMIA and is also officially invested by DWF Labs to launch the RWA segment that is a hot trend recently. From a 1M frame chart perspective #ORN broke the bottleneck pattern and also broke above the bearish box. Let's patiently wait for the explosion of ORN -> LUMIA in the near future.
Note: This is just a personal opinion, not investment advice. #hotTrends #TrendingTopic #Write2Earn #BinanceVietnamSquare
$BOME was unexpectedly the coin that led my friend into crypto life. Specifically, I have a close friend who works in agriculture and has never believed in Crypto or BTC for many years. However, over the past week, I have spent time learning about coin meme #BOME and decided to go with two wallets. Savings, total 1 billion VND to catch the latest bottom BOME 0.0088$ and now boasted to me that it was almost X2, and said that knowing that, he joined crypto sooner.
Personally, I only advise my friends to lock in the original right at the time near X2, and keep the profit according to the market trend, because meme tokens often fluctuate unpredictably, so sometimes they lose both profit and the original in the future. for a short period of time, but my friend said: if you don't invest, then stop. If you invest, you have to get a big profit of X5, X10, now it's too early.
I can think that my friend will be like many people and so will I in the 2017-2018 season. There are things that no one can teach you like you can teach yourself from your own mistakes. #hotTrends #TrendingTopic #Write2Earn
$MLN token is in the monitoring section and is likely to be delisted from the exchange at any time. Like many other tokens in the monitoring section, there is often an unusual price-pushing candle for the sharks to sell out, and as many new investors fomo to swing to the peak, a few days later there is often a red candle that drops sharply in price. Please consider and be careful with #MLN before deciding to invest.
Note: This is just a personal opinion, not investment advice. #hotTrends #TrendingTopic #Write2Earn
$BOME a meme token that is somewhat favored and may have conspiracy theories, just 3 days after its launch, it already has a market cap of billions of dollars.
Temporarily ignoring the issue of why #BOME is favored, I will talk about the issue of fomo mentality with meme tokens. The vast majority of new investors entering the market will be attracted to meme tokens, top price increases of the day, which means new investor habits like to look at green, like to see price increases instead of red decreases. , likes to own as many tokens as possible along with some investment money, even though he still knows that they are just meme tokens with the purpose of creating prices to attract new users into the market of sharks and creators.
If yesterday, a new or old investor was unlucky enough to reach the peak when BOME first started trading, the assets will now be divided in half. So as a newbie, how can you be mentally strong enough to forget looking at the chart, forget the loss, when that is all your savings over the years. It is these psychological struggles that will lead you to cut losses, and want to recover the loss by putting money into futures and eventually losing it all, leaving the market and not forgetting to give to everyone with the familiar phrase. "crypto market is a scam"
Last word, if you are a new investor, you should get into the habit of making money slowly in the crypto market, you should carefully research projects to prepare for investment, especially you should not invest in meme tokens. Focus on spot trading, don't be vague about futures when you don't have capital management experience and strong psychology.
Note: This is just a personal opinion, not investment advice. #hotTrends #TrendingTopic #Write2Earn
This article I wrote is mainly about the psychological perspective of investing, especially new investors. If you are experienced, please skip this article.
1. Let me give you an example: if you have 1000$ of idle money, you put it in the bank and eat it for a long time. You don't need to worry too much and that is the advantage, but the disadvantage is low interest rate and annual inflation.
2. If you also pour in the amount of 1000$ to buy meme tokens, you will probably get rich quickly after 1 night, but you can also lose 50% of your capital after 1 night, because simply meme tokens were born mainly for the purpose of attracting money. newcomers to the market. The advantage is that it can quickly increase capital, the disadvantage is high risk, the investment psychology is always afraid of loss and quickly loses confidence if it does not meet expectations.
3. With the same amount of 1000$ , if you buy one of the top 5 coins, it may not help you increase your capital quickly, but in the long run it will still grow, even if it decreases, it will still increase, the psychological advantage will be. more stable, practice patience in waiting, not affected by numbers that increase quickly and then decrease quickly, disadvantages of not increasing assets quickly and there may also be risks but that risk is always much lower meme tokens as the top coins gain the approval and trust of more people.
Through the above 3 things, if new investors are still thinking about making money quickly but losing to the end of the market, you may be lucky at this time but at other times you may not be lucky anymore if you still have the same thinking. Invest in meme tokens to get rich quickly.
Note: This is just a personal opinion, not investment advice. #hotTrends #TrendingTopic #Write2Earn
What is the most effective way to invest in Crypto and minimize the risk of loss? This question certainly always appears in every investor's mind and is looking for an answer. In the following article I will share about my Crypto investment strategy. Before starting this article, I verified for a long time and optimized the strategy to the best possible level and in the future I will will always update and optimize this strategy over time.
$XAI Preparing update v2 with many improvements. Everyone can consider investing.
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Bullish
$XAI from a fundamental analysis perspective 🙏
1. #XAI is in the support price zone 1.3. When it tested the support zone, it also rebounded.
2. XAI is at the 1.6 resistance zone when it bounces up quickly and turns down immediately.
3. 4H trading data begins to have more buying volume than selling, cash flow is also coming back in, maybe sharks are making prices to shake off and consolidate stocks, as well as the 1D frame histogram candle shows signs of compression gradually shrinking and possibly preparing for a period of price increase.
4. XAI just announced the launch of V2 with updates: Stake Pools, lower transaction costs, and support for third-party rewards.
Note: The above is just a personal opinion, not investment advice. #hotTrends #TrendingTopic #Write2Earn
$OM Good story and should be read, for perseverance and waiting.
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Bullish
$OM is living proof of the saying lack of PATIENCE & WAITING.
In 2022 at #OM while trading OM/BUSD I bought at 0.05 and DCA until it reached 0.02 but then just because of lack of patience and waiting, along with not allocating between investment capital and living expenses. Living clearly, so during the difficult period when OM returned to the break-even point, I sold everything. Now I look at OM almost X20 times more than when I sold it, but I don't regret it, I just blame myself for not being patient, not having a clear capital allocation strategy between investment money and living maintenance money. life. That made my investment psychology unstable, leading to loss of patience and waiting. #Write2Earn
The Crypto market always has surprises that few people expect. One like for $EOS 2024.
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Bullish
$EOS cycle every 3 years???
In 2018 #EOS peaked at $15.68, in 2021 EOS peaked at $14.90, meaning the second season peak decreased by 0.05%. Suppose if the 3-year cycle is real, then in 2024 it is predicted that EOS will be priced at $14.15. It would be interesting if that came true 😇
Note: This is just a personal opinion, not investment advice. #Write2Earn